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Borrowings (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Other Borrowings
The following schedule details the Company’s short-term borrowings:
 
December 31,
($ in thousands)
2017
 
2016
Repurchase agreements at an average period-end rate of 0.19% and 0.16% for 2017 and 2016, respectively
$
25,580

 
$
18,351

FHLB Fixed Rate Credit Advances with interest rates ranging from 1.41% to 1.42%, and 0.51% to 0.74%, for 2017 and 2016, respectively
125,000

 
225,000

Total short-term borrowings
$
150,580

 
$
243,351

Schedule of Short-term Debt
Additional information on the Company’s short-term borrowings is shown in the table below:
($ in thousands)
2017
 
2016
 
2015
Outstanding at December 31,
$
150,580

 
$
243,351

 
$
209,730

Maximum month-end outstanding balance
266,439

 
352,603

 
303,521

Average daily outstanding balance
134,425

 
262,674

 
215,685

Average rate during the year
0.76
%
 
0.54
%
 
0.28
%
Average rate at year end
1.21
%
 
0.58
%
 
0.37
%
Schedule of Subordinated Debt
Subordinated debt outstanding at the periods indicated is summarized as follows:
 
 
December 31,
($ in thousands)
 
2017
 
2016
Subordinated Debt:
 
 
 
 
Floating rate 30-year capital securities with interest adjusted and paid quarterly at three-month LIBOR plus 3.10%, with a rate of 4.77% and 4.10%
 
$
15,464

 
$
15,464

Floating rate 30-year capital securities with interest adjusted and paid quarterly at three-month LIBOR plus 1.89%, with a rate of 3.49% and 2.88%
 
10,310

 
10,310

Floating rate 30-year capital securities with interest adjusted and paid quarterly at three-month LIBOR plus 1.40%, with a rate of 2.99% and 2.36%
 
20,619

 
20,619

Subordinated notes at an annual fixed rate of 5.875% until May 31, 2025 with interest paid semiannually until June 1, 2025, thereafter, at a floating rate equal to three-month LIBOR plus 3.63% from June 1, 2025 to May 31, 2030, with interest paid quarterly until maturity
 
75,000

 
75,000

Principal amount of subordinated debt
 
121,393

 
121,393

Less unamortized debt issuance costs
 
806

 
939

Subordinated debt, net
 
$
120,587

 
$
120,454